Central Bank of Nigeria News – Page 16 of 24

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Currency Redesign Can’t Improve Naira Value – CBN

The Deputy Director, Currency Operations Department of the Central Bank of Nigeria (CBN), Amina Halidu-Giwa, said the apaex bank’s redesigning programme will not improve naira value or strengthen the national currency. Halidu-Giwa

Fakoyejo Olalekan

2 years ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

CBN Issues 8 New Guidelines For Banking Licence, Flags Terrorism Financing

New and pending requests for banking licence could be rejected on the grounds of Money Laundering and Terror Financing history, the Central Bank of Nigeria (CBN) has disclosed in new guidelines. The

Fakoyejo Olalekan

2 years ago

Business·Currency

Redesigned Naira: CBN Finally Addresses Controversial N5000 Notes

The Central Bank of Nigeria (CBN) has reacted to claims that it plans to release N5000 notes after redesigning the existing lower denominations. According to the CBN’s Director of Currency Operations, Ahmed

Fakoyejo Olalekan

2 years ago

Nigerian Banks Earn N135.52 Trillion From CBN's Naira Policy, E-Payment

Business

Farmers, Exporters, Others Receive Over N4.81 trillion CBN Intervention

The intervention funds received so far by the private sector from the Central Bank of Nigeria (CBN) have increased to N4.81 trillion as of November 2022. Prime Business Africa gathered that the

Fakoyejo Olalekan

2 years ago

Nigeria’s Minimum Wage Now N19,355 – World Bank Says, Reveals Factors Hindering Growth

Business·Currency

CBN’s Deposit Record Rises By N165 billion On Old Naira Deadline

The Director of Currency for the Central Bank of Nigeria (CBN), Rasheed Adams, has disclosed that the financial regulator has received more deposits than it projected since the apex bank urged Nigerians

Fakoyejo Olalekan

2 years ago

Naira Appreciates Against Dollar At Official, Black Market

Business·Currency

BDC Operators Drop Dollar Rate As Buhari Unveils New Naira Note

The dollar rate in the black market dropped, hours after President Muhammadu Buhari and the Central Bank of Nigeria (CBN) unveiled the new naira note. In a chat with Prime Business Africa,

Fakoyejo Olalekan

2 years ago

Business·Currency

1.4 million Agents To Help Rural, Urban Dwellers Meet January 31 Deadline For Old Naira Notes – CBN

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said residents in rural areas have no excuse for not depositing old naira notes before the phase-out deadline of January 31,

Fakoyejo Olalekan

2 years ago

Naira Policy: CBN Mops Up N1.6 trillion In Just I Month

Business·Currency

Photos: Buhari Unveils New Naira Notes

President Muhammadu Buhari has unveiled the redesigned naira notes on Wednesday, a day after Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, cancelled the initial launch date. The new move

Fakoyejo Olalekan

2 years ago

Business·Latest News

CBN’s Emefiele Raises Concern Over Inflation, Hikes Up Borrowing Costs

The cost of borrowing has been increased by the Central Bank of Nigeria (CBN) after the financial regulator announced 16.5 per cent as the new interest rate in the country. Interest rate

Fakoyejo Olalekan

2 years ago

Cash In Circulation Up By N701.4 billion, Emefiele's CBN Loses Control Again

Business·Currency

Money Supply Hits N50.5 trillion On Naira Reissue

Money Supply in Nigeria has crossed N50.5 trillion, the Central Bank of Nigeria (CBN) has revealed. This comes as the financial services regulator plans to release redesigned naira notes. The money supply

Fakoyejo Olalekan

2 years ago

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Central Bank of Nigeria News - Page 16

Currency Redesign Can’t Improve Naira Value – CBN

CBN Issues 8 New Guidelines For Banking Licence, Flags Terrorism Financing

Redesigned Naira: CBN Finally Addresses Controversial N5000 Notes

Farmers, Exporters, Others Receive Over N4.81 trillion CBN Intervention

CBN’s Deposit Record Rises By N165 billion On Old Naira Deadline

BDC Operators Drop Dollar Rate As Buhari Unveils New Naira Note

1.4 million Agents To Help Rural, Urban Dwellers Meet January 31 Deadline For Old Naira Notes – CBN

Photos: Buhari Unveils New Naira Notes

CBN’s Emefiele Raises Concern Over Inflation, Hikes Up Borrowing Costs

Money Supply Hits N50.5 trillion On Naira Reissue

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